AZB, Trilegal act on India's biggest insurance deal: HDFC Life acquires Exide Life for ₹6,687 crore

HDFC Life Insurance has acquired Exide Life Insurance Co. in a deal value of ₹6,687 crore (US$915 million).

AZB & Partners were the legal advisors to HDFC Life. The AZB team was led by Partners Ashwath Rau, Kashish Bhatia and Arvind Ramesh along with Senior Associates Rishikesh Desai and Chitrangda Singh

Trilegal advised Exide Industries and Exide Life. The Trilegal team was led by Partners Sridhar Gorthi and Ashwyn Misra along with Counsel Deep Choudhuri and Associates Arunima Singal, Rucha Kolte, Ariba Fahiem, Mayank Jain and Rhea Sampat.

The Corporate Governance & Compliance team was led by Rajesh Modani, Principal Consultant; Ashima Chhatwal, Senior Consultant; and Ansif Latheef, Consultant.

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